Chuka Umunna’s right: there is one rule for big business and another for the rest

Posted on

As the Guardian notes:

Labour MP Chuka Umunna fears HMRC's handling of the Goldman Sachs deal will lead the public to believe that there is 'one rule for some companies and another for individual taxpayers's

He's right to think that.

Almost every accountant does too.

Because it's true.

And it's wrong.

Big companies are not above the law. But HMRC treats then as if they are.